US EditionDeutsche Bank offices searched in money laundering probe
The probe targets suspected money laundering from 2013 to 2018, involving payments via a Russian correspondent account and companies linked to Roman Abramovich.
- On Wednesday, enforcement officials searched Deutsche Bank AG offices in Frankfurt, Germany and Berlin, Germany; the Frankfurt public prosecutor's office was on site, and the bank is co-operating.
- The probe targets past dealings with Roman Abramovich, focusing on transactions from 2013–2018 first reported by Süddeutsche Zeitung.
- The Federal Criminal Police Office is conducting searches at Deutsche Bank premises, while the public prosecutor's office told Der Spiegel it is investigating previously unknown managers and employees.
- Shares fell over 2% after Deutsche Bank shares traded 2.7% lower as of 2:55 p.m., marking a setback for Chief Executive Officer Christian Sewing.
- Abramovich is best known for building his fortune in Russia's metals and energy sectors and buying Chelsea, while the European Union said he enjoys `privileged access` to Vladimir Putin.
132 Articles
132 Articles
German authorities search Deutsche Bank offices over suspected money laundering
German authorities have conducted searches at Deutsche Bank offices in Frankfurt and Berlin as part of an ongoing investigation into suspected money-laundering activities. The operation was led by the Frankfurt public prosecutor’s office in coordination with the Federal Criminal Police Office (Bundeskriminalamt) and involved multiple branches across the country. The investigation centres on… Source
Again trouble over possible money laundering: Justice and BKA secure evidence at Deutsche Bank. The investigations concern earlier business relations. The time of the raid is piqued.
German police raided Deutsche Bank's headquarters in Frankfurt am Main and its branch in Berlin on Wednesday. The raids were carried out on suspicion of money laundering. The case is related to Russian oligarch Roman Abramovich, who was a client of the bank and has been on the European Union's sanctions list since March 2022, the Süddeutsche Zeitung newspaper reported.
On the morning of January 28, the German police, acting on behalf of the National Prosecutor ' s Office, conducted searches at the Deutsc head office...
German Federal Police have searched Deutsche Bank as part of an investigation related to money laundering.
Money Laundering: German Prosecutors Search Deutsche Bank Offices
Officials confirmed that German prosecutors and police searched Deutsche Bank’s headquarters in Frankfurt and its Berlin office in an investigation into suspected money laundering, on Wednesday, January 28th.The probe is reportedly connected to the bank’s dealings with companies linked to Russian billionaire Roman Abramovich, who has been sanctioned by the European Union following the start of the Ukraine-Russia war. The Frankfurt prosecutor’s o…
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